The following "article" is more of an announcement of research in progress concerned with a radical way of thinking about money, and the world.
This is a brief summary of a futuristic monetary reform known as Transfinancial Economics or TFE. Essentially, it believes national, and indeed, local governments should have new money responsibly created for them without raising taxation from the people. Thus, various social, economic, and political programmes would be properly funded as never before. Non-governmental organisations, or NGOs could be financed in full, or in part by Grant Generating Banks which would be independant of governments, and transnational corporations. This would be a massive boon for democracy, and humanity. NGOs would no longer to continually rely upon fundraising from the people. TFE is a revolution..a revolution that is in our thinking about money, and the world. The implications of it are stunning.
Inflation itself would easily be sorted as it would be directly controlled by specially programmed bank computers. Electronic controls could be introduced to ensure a reasonable degree of price flexibility, and competition.
Though there is more than enough money in the world to change it many times over the problem lies with LEGAL ACCESS especially when there is a genuine need for it. TFE solves this without the need for the limited approach of redistribution via taxes, and fundraising. In effect, it maximises the power of money to do good in the world as never before in human history. Furthermore, it goes way beyond the limits of interest free monetary reform.
Another point which deserves attention is that TFE could lead to the creation of special international NGOs headed by ethical businessmen, and women who could use commercial tactics (notably takeover bids) to actually reform the TNCs. It is clear that governments are largely powerless to do anything about them, and the TFE solution may infact be the only way forward whether we like it, or not.
For more information of TFE it would be best to go to the following website using Google. Use the search word Transfinancial Economics which should lead you to XAT community site which has sections of a paper which discusses the various facets of TFE. Contact also with the author, and originator of this system would also be possible if desired.
Inflation itself would easily be sorted as it would be directly controlled by specially programmed bank computers. Electronic controls could be introduced to ensure a reasonable degree of price flexibility, and competition.
Though there is more than enough money in the world to change it many times over the problem lies with LEGAL ACCESS especially when there is a genuine need for it. TFE solves this without the need for the limited approach of redistribution via taxes, and fundraising. In effect, it maximises the power of money to do good in the world as never before in human history. Furthermore, it goes way beyond the limits of interest free monetary reform.
Another point which deserves attention is that TFE could lead to the creation of special international NGOs headed by ethical businessmen, and women who could use commercial tactics (notably takeover bids) to actually reform the TNCs. It is clear that governments are largely powerless to do anything about them, and the TFE solution may infact be the only way forward whether we like it, or not.
For more information of TFE it would be best to go to the following website using Google. Use the search word Transfinancial Economics which should lead you to XAT community site which has sections of a paper which discusses the various facets of TFE. Contact also with the author, and originator of this system would also be possible if desired.
